Euroseas Ltd. (ESEA) Misses Q2 EPS by 2c, Miss on Revenues

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Go back to Euroseas Ltd. (ESEA) Misses Q2 EPS by 2c, Miss on Revenues

Euroseas Ltd. Reports Results for the Six-Month Period and Quarter Ended June 30, 2018

August 10, 2018 8:30 AM EDT

MAROUSSI, ATHENS, Greece, Aug. 10, 2018 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the Company), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today its results for the three and six month period ended June 30, 2018.

The Spin-off

On May 30, 2018, the Company spun-off its drybulk fleet (excluding M/V Monica P, a handymax drybulk carrier, which was agreed to be sold) into EuroDry Ltd., a separate publicly listed company also listed on NASDAQ Capital Market. Shareholders of the Company received one EuroDry... More